FREE Grid Incentives Explained document
As the national grid comes under increasing pressure to provide more and more energy, the market is transforming into a network of microgrids that generate, store and provide their own energy in order to relieve demand from the grid.
Grid incentives are designed to drive National Grid to minimise the cost of operating the National Electricity Transmission (NETS). In the UK there are a number of opportunities available for large energy consumers to benefit from grid incentives schemes. These incentives can provide significant cost benefits to companies who utilise technologies, such as energy storage systems, which assist National Grid in reducing the cost of the NETS.
This 10 page PDF covers the various aspects that affect grid incentives and breaks down how your company could benefit from energy storage above and beyond the proposed energy spend savings.
- Grid incentives explained
- Non commodity charges
- The influence of DUoS and Triad charges
- Forecasting and calculating Triad charges
- FFR – Firm Frequency Response (Fixed & Static)
- EFR – Enhanced Frequency Response
- STOR – Short Term Operating Reserve
- The potential risks involved